Lessors of Other Real Estate Property in Michigan
Revenue benchmarks for lessors of other real estate property businesses operating in Michigan.
#5 of 50 states+42.3% vs national avg
Average Revenue
$1.5M
per year
Businesses
213
in Michigan
Revenue / Employee
$217K
per year
Labor Cost
25.0%
of revenue
Profit Margin
20.0%
industry average
Market Saturation
2.1
firms per 100K in MI
Total Revenue
$326.8M
all firms in MI
Total Employees
1,509
in MI
How Michigan Compares
National Average$1.1M
Michigan$1.5M
Difference+$456K (+42.3%)